Cummins Q3 Earnings Surpass Expectations, Revenues Rise Y/Y
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Cummins (CMI) reported better-than-expected third-quarter earnings, with revenues increasing year-over-year. The company also anticipates a 2024 EBITDA of 15.5%, which is at the higher end of its previously guided range.
November 05, 2024 | 6:00 pm
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Cummins reported strong Q3 earnings, surpassing expectations, and anticipates a 2024 EBITDA of 15.5%, at the higher end of its guidance.
Cummins' better-than-expected Q3 earnings and positive EBITDA guidance for 2024 suggest strong financial performance and potential for stock price appreciation. The company's ability to exceed expectations and provide a positive outlook is likely to boost investor confidence.
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